Innocent Bystanders

Employment Inches Up Again February 2, 2018

[Sorry for my lack of posting – I’ve been buried in matters personal and professional. Not likely to improve for some time, so I hope that some of the other IB authors can jump in.]

The BLS published its Employment Situation Report today, following the thundering jobs report from ADP yesterday. Today’s report was influenced by an update to the population statistics used in the Household Survey, in which BLS add almost half a million people to the population. Past employment numbers were not affected.

This might explain why the improvement shown in my chart wasn’t more impressive:

But it’s a little better than last month, so I’ll take it.

Say, didja ever want to see these numbers extending backwards to 1990? Of course you did: